I keep hoping my cynicism is unwarranted, but I see no evidence that Gov. Jerry Brown plans to expend much political capital to push ahead his good, but insufficient, pension reform plan. Here is my new piece for The Daily, which concludes: "Unfortunately, it appears that the governor was just being cynical. He released a decent reform plan, but he has no intention to expend any serious effort to get it through a hostile legislature. Even if he tried, it would be a tough road. The only hope is the initiative drive, and it's encouraging that pension reformers have finally settled on some good measures. California will lumber along until the situation becomes more dire, which is how its leaders handle every problem."
No TrackBacks
TrackBack URL: http://www.publicsectorinc.com/cgi-bin/mt/mt-tb.cgi/585
Related Entries:
- LA voters reject tax increase designed to save police jobs
- LA stares over pension cliff, glimpses insolvency
- Gov. Brown mocks another state agency scandal
- Is Illinois a bigger default risk than Iraq?
- Gov. Brown salutes unions in his State of State
- Sacramento takes stock of its debt in sobering report
- Legislators at the pension trough, part 2
- California's budget is by no means fixed
- California's 'wall of debt' towers over tax revenues
- Are Illinois pensions protected by its constitution?
- Good reform idea or grasping at straws?
- The cost of pension neglect: NJ edition
- 2 scary charts about state, local debt
- Despite Clinton & Liu, infrastructure still needs saving
- San Bernardino aims to save $61 million


Join the conversation